ALLEGROEU (Germany) Technical Analysis
| AL0 Stock | EUR 6.41 0.09 1.42% |
As of the 2nd of December, ALLEGROEU shows the Coefficient Of Variation of (636.54), mean deviation of 1.64, and Risk Adjusted Performance of (0.11). Our technical analysis interface gives you tools to check helpful technical drivers of ALLEGROEU ZY 01, as well as the relationship between them.
ALLEGROEU Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ALLEGROEU, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ALLEGROEUALLEGROEU |
ALLEGROEU technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
ALLEGROEU ZY 01 Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ALLEGROEU ZY 01 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ALLEGROEU ZY 01 Trend Analysis
Use this graph to draw trend lines for ALLEGROEU ZY 01. You can use it to identify possible trend reversals for ALLEGROEU as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ALLEGROEU price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ALLEGROEU Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ALLEGROEU ZY 01 applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that ALLEGROEU ZY 01 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 36.81, which is the sum of squared deviations for the predicted ALLEGROEU price change compared to its average price change.About ALLEGROEU Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ALLEGROEU ZY 01 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ALLEGROEU ZY 01 based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ALLEGROEU ZY 01 price pattern first instead of the macroeconomic environment surrounding ALLEGROEU ZY 01. By analyzing ALLEGROEU's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ALLEGROEU's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ALLEGROEU specific price patterns or momentum indicators. Please read more on our technical analysis page.
ALLEGROEU December 2, 2024 Technical Indicators
Most technical analysis of ALLEGROEU help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ALLEGROEU from various momentum indicators to cycle indicators. When you analyze ALLEGROEU charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | (0.64) | |||
| Mean Deviation | 1.64 | |||
| Coefficient Of Variation | (636.54) | |||
| Standard Deviation | 2.45 | |||
| Variance | 6.02 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | (0.65) | |||
| Maximum Drawdown | 14.82 | |||
| Value At Risk | (3.58) | |||
| Potential Upside | 2.74 | |||
| Skewness | (1.84) | |||
| Kurtosis | 6.02 |
Additional Tools for ALLEGROEU Stock Analysis
When running ALLEGROEU's price analysis, check to measure ALLEGROEU's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ALLEGROEU is operating at the current time. Most of ALLEGROEU's value examination focuses on studying past and present price action to predict the probability of ALLEGROEU's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALLEGROEU's price. Additionally, you may evaluate how the addition of ALLEGROEU to your portfolios can decrease your overall portfolio volatility.